Noogacentric path more brightly lit in Shuman ‘local economy’ book
Michael Shuman, in this 27-minute chat, sketches out the main ideas of local economy. Local economy is about us. National economy is about them. In simplifying my theory to these few words, you see why the ideas of local economy and free markets are compelling. They aren’t about mere economics. But more. We come now […]
Econ lesson No. 2: Centralization destroys opportunity, prosperity, risk
The eye at the top of the pyramid tells of Uncle; in his world, relationships are vertical and most of us are at the bottom. In a decentralized society under God’s blessing, horizontal relationships among equals (more or less) are more common. By David Tulis A handy way to perceive the free market and local […]
City enforces Bible law vs. theft, but will abolish office as antiquated
A scale at Bi-Lo lets shoppers estimate prices on produce before they are weighed on the cash register scale. By David Tulis For probably more than 100 years Chattanooga city government has had an office called sealer, whose duty is to enforce honest weights and measures. “The table of weights and measures provided by law […]
Feds push everyone to use electronic transactions
Mitch McGrath, owner of Mitchell Robert Studio Salon in Red Bank, says more people are starting to consider the effect of credit card costs on local economy players. Some ask him how he’d like to be paid. Anything but credit, he says. “Cash is king. You don’t want to have to pay interest that you […]